THE DRILL SERGEANT: Chesser Resources (ASX: CHZ) has received assay results for 25 holes from drilling currently underway at the company’s 100 per cent-owned Kestanelik gold project in Turkey. The company is conducting a program of step-out drilling to identify extensions to gold bearing vein systems to the southwest of the projects’ initial JORC-compliant resource […]
THE DRILL SERGEANT: Atlas Iron (ASX: AGO) has reported encouraging drill results from its maiden exploration drill program being carried out at the company’s 100 per cent-owned Corunna Downs project in Western Australia. The program is drill testing one of several zones of surface iron enrichment Atlas previously identified at the Corunna Downs project. To […]
THE DRILL SERGEANT: Mutiny Gold (ASX: MYG) has completed a second loan from Canadian gold-streaming company Sandstorm Gold. The company completed the first loan from Sandstorm in November 2012, which it converted to shares in January 2013. The second deal will result in Mutiny Gold receiving US$2 million from Sandstorm to fund ongoing activities in […]
THE DRILL SERGEANT: Beadell Resources (ASX: BDR) has announced high-grade infill RC drill results from the company’s Duckhead deposit in Brazil. The results include intersections of: – 41 metres at 54.9 grams per tonne gold from surface, including 5 metres at 430.1g/t gold from 15 metres, including 1 metre at 1,817.6g/t gold from 16 metres; […]
THE DRILL SERGEANT: Australian-American Mining Corporation (ASX: AIW) has been heartened by further encouraging results from the maiden drilling program at the company’s Blue Bell project in Arizona. Recent results from the drilling campaign at Blue Bell have returned multiple high-grade copper-gold-silver intersections, including: – 17 metres at 4.6 per cent copper equivalent (CuEq) (3.3 […]
THE BOURSE WHISPERER: Atlantic Gold (ASX: ATV) has won an appeal case brought by a former landowner against a vesting order issued by the Nova Scotia Minister of Natural Resources in June 2012 dismissed in the Supreme Court of Nova Scotia. The appeal was in relation to the one remaining 3.5 hectare private property Atlantic […]
THE BOURSE WHISPERER: Ironbark Zinc (ASX: IBG) has received the results of a Feasibility Study of the company’s 100 per cent-owned Citronen project in Greenland. Ironbark’s tenement holding in the Citronen Fjord region. Source: Company announcement Highlights of the Citronen Feasibility Study include: – Net Present Value (NPV) of US$609 million (US$354M […]
THE DRILL SERGEANT: Liontown Resources (ASX: LTR) is to acquire the remaining 34 per cent interest in the Jubilee Reef gold project in Tanzania, East Africa from its joint venture partner Currie Rose Resources. The deal will result in Liontown holding 100 per cent ownership of the project. “The opportunity to acquire 100 per cent […]
THE DRILL SERGEANT: Blackham Resources Ltd (ASX: BLK) has received encouraging results from ongoing drilling at the company’s Matilda gold project in Western Australia. Blackham is conducting a RC drilling program at the Matilda Mining Centre focussing on the M1, M2, M3 and M4 deposits. The company said the latest results had complemented earlier results […]
THE DRILL SERGEANT: Gascoyne Resources (ASX: GCY) has released a remodelled resource estimate for the company’s 100 per cent-owned Glenburgh gold project in the Gascoyne province of Western Australia. The combined Indicated and Inferred Resource at Glenburgh now stands at 21.1 million tonnes at 1.5 grams per tonne gold for 1 million ounces of gold […]
